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G.I.S. WINTREND SYSTEM

NOVEMBER 97 EURODOLLARS: Closed at 94220. Wintrend is neutral. Awaiting a new trend.

DECEMBER 97 EURODOLLARS: Closed at 94190. Wintrend is up from 9/12 at 94110. Enter with the trend at 94134. Risk 66% of positions to 93966. First target is 94372.

MARCH 98 EURODOLLARS: Closed at 94140. Wintrend is up from 9/15 at 94035. Enter with the trend at 94059. Risk 66% of positions to 93916. First target is 94297.

JUNE 98 EURODOLLARS: Closed at 94055. Wintrend is up from 9/16 at 94050. Enter with the trend at 93961. Risk 66% of positions to 93831. First target is 94312.

DECEMBER 97 TREASURY BOND: Closed at 11627. Wintrend is up from 9/15 at 11336. Enter with the trend at 11472. Lock in 33% of profits at 11388. Second target is 11661.

MARCH 98 TREASURY BOND: Closed at 11593. Wintrend is up from 9/15 at 11303. Enter with the trend at 11442. Lock in 33% of profits at 11355. Second target is 11628.

JUNE 98 TREASURY BOND: Closed at 11560. Wintrend is up from 9/15 at 11263. Enter with the trend at 11412. Lock in 33% of profits at 11315. Second target is 11588.

SEPTEMBER 98 TREASURY BOND: Closed at 11533. Wintrend is neutral. Awaiting a new trend.

DECEMBER 97 GOLD: Closed at 3259. Wintrend is down from 8/29 at 3274. Enter with the trend at 3244. Risk 66% of positions to 3345. First target is 3226.

JUNE 98 GOLD: Closed at 3313. Wintrend is down from 8/28 at 3328. Enter with the trend at 3295. Risk 66% of positions to 3399. First target is 3280.

OCTOBER 97 PLATINUM: Closed at 4380. Wintrend is up from 9/9 at 4227. Enter with the trend at 4278. Lock in 33% of profits at 4323. Second target is 4899.

JANUARY 98 PLATINUM: Closed at 4250. Wintrend is up from 9/9 at 4137. Enter with the trend at 4174. Lock in 33% of profits at 4233. Second target is 4809.

DECEMBER 97 SILVER: Closed at 4755. Wintrend is up from 8/11 at 4505. Enter with the trend at 4688. Risk 66% of positions to 4487. First target is 4781.

JANUARY 98 SILVER: Closed at 4770. Wintrend is neutral awaiting a new trend.

MARCH 98 SILVER: Closed at 4818. Wintrend is up from 8/11 at 4569. Enter with the trend at 4753. Risk 66% of positions to 4550. First target is 4845.

MAY 98 SILVER: Closed at 4853. Wintrend is neutral. Awaiting a new trend.

DECEMBER 97 JAPANESE YEN: Closed at 8411. Wintrend is down from 7/15 at 8845 possibly changing trend. 8365. Lock in 66% of profits at 8566. Extreme target is 8131.

MARCH 98 JAPANESE YEN: Closed at 8522. Wintrend is neutral. Awaiting a new trend.

DECEMBER 97 DEUTSCHEMARK: Closed at 5674. Wintrend is up from 8/18 at 5516. Enter with the trend at 5622. Lock in 33% of profits at 5557. Second target is 5686.

MARCH 97 DEUTSCHEMARK: Closed at 5705. Wintrend is neutral. Awaiting a new trend.

DECEMBER 97 SWISS FRANC: Closed at 6925. Wintrend is up from 8/13 at 6711. Enter with the trend at 6843. Lock in 33% of profits at 6757. Second target is 6945.

MARCH 97 SWISS FRANC: Closed at 6994. Wintrend is neutral. Awaiting a new trend.

DECEMBER 97 BRITISH POUND: Closed at 16084. Wintrend is up from 9/22 at 15984. Enter with the trend at 15987. Risk 66% of positions to 15945. First target is 16088.

MARCH 97 BRITISH POUND: Closed at 16020. Wintrend is up from 9/22 at 15920. Enter with the trend at 15927. Risk 66% of positions to 15881. First target is 16024.

OCTOBER 97 SUGAR: Closed at 1076. Wintrend is down from 9/8 at 1151. Enter with the trend at 1132. Risk 66% of positions to 1154. First target is 1061.

MARCH 98 SUGAR: Closed at 1141. Wintrend is down from 9/18 at 1170. Enter with the trend at 1179. Risk 66% of positions to 1219. First target is 1080.

MAY 98 SUGAR: Closed at 1159. Wintrend is up from 9/19 at 1169. Enter with the trend at 1182. Risk 66% of positions to 1237. First target is 1079.

JULY 98 SUGAR: Closed at 1145. Wintrend is up from 9/18 at 1164. Enter with the trend at 1166. Risk 66% of positions to 1223. First target is 1074.

DECEMBER 97 COFFEE: Closed at 16865. Wintrend is down from 9/16 at 16770. Enter with the trend at 17324. Risk 66% of positions to 17394. First target is 16456.

MARCH 98 COFFEE: Closed at 15610. Wintrend is down from 9/18 at 15630. Enter with the trend at 15932. Risk 66% of positions to 16139. First target is 15316.

MAY 98 COFFEE: Closed at 15115. Wintrend is down from 9/17 at 15353. Enter with the trend at 15335. Risk 66% of positions to 15644. First target is 15039.

JULY 98 COFFEE: Closed at 14615. Wintrend is neutral. Awaiting a new trend.

OCTOBER 97 LIVE HOGS: Closed at 14615. Wintrend is down from 8/8 at 7252. Enter with the trend at 7051. Lock in 33% of profits at 7197. Second target is 6892.

DECEMBER 97 LIVE HOGS: Closed at 7012. Wintrend is down from 8/7 at 6920. Enter with the trend at 6680. Lock in 33% of profits at 6865. Second target is 6560.

FEBRUARY 98 LIVE HOGS: Closed at 6570. Wintrend is down from 8/6 at 6725. Enter with the trend at 6559. Lock in 33% of profits at 6670. Second target is 6365.

APRIL 98 LIVE HOGS: Closed at 6475. Wintrend is neutral. Awaiting a new trend.

OCTOBER 97 LIVE CATTLE: Closed at 6752. Wintrend is down from 9/17 at 6835. Enter with the trend at 6836. Lock in 33% of profits at 6788. Second target is 6361.

DECEMBER 97 LIVE CATTLE: Closed at 6777. Wintrend is down from 8/19 at 7100. Enter with the trend at 6943. Lock in 33% of profits at 7053. Second target is 6626.

FEBRUARY 98 LIVE CATTLE: Closed at 7070. Wintrend is down from 8/20 at 7250. Enter with the trend at 7194. Lock in 33% of profits at 7203. Second target is 6776.

APRIL 98 LIVE CATTLE: Closed at 7357. Wintrend is down from 9/22 at 7427. Enter with the trend at 7439. Lock in 33% of profits at 7380. Second target is 6953.

DECEMBER 97 CORN: Closed at 261. Wintrend is down from 9/17 at 263.75. Enter with the trend at 264.5. Risk 66% of positions to 268. First target is 261.

MARCH 98 CORN: Closed at 270. Wintrend is down from 9/18 at 273. Enter with the trend at 273.25. Risk 66% of positions to 277. First target is 270.

MAY 98 CORN: Closed at 274.75. Wintrend is down from 9/18 at 278. Enter with the trend at 278. Lock in 33% of profits at 275. Second target is 256.

JULY 98 CORN: Closed at 278.25. Wintrend is neutral. Awaiting a new trend.

NOVEMBER 97 SOYBEANS: Closed at 638.25. Wintrend is up from 8/29 at 625.5. Enter with the trend at 636.25. Lock in 33% of profits at 630. Second target is 666.

JANUARY 98 SOYBEANS: Closed at 640.75. Wintrend is up from 8/29 at 627.5. Enter with the trend at 639. Lock in 33% of profits at 632. Second target is 668.

MARCH 98 SOYBEANS: Closed at 648.75. Wintrend is up from 9/2 at 634.75. Enter with the trend at 646. Lock in 33% of profits at 639. Second target is 675.

MAY 98 SOYBEANS: Closed at 656.5. Wintrend is up from 9/2 at 650.25. Enter with the trend at 652.5. Lock in 33% of profits at 654. Second target is 690.

DECEMBER 97 WHEAT: Closed at 365.25. Wintrend is down from 9/12 at 374.75. Enter with the trend at 371.75. Lock in 33% of profits at 371. Second target is 343.

MARCH 98 WHEAT: Closed at 379.5. Wintrend is down from 9/12 at 388.25. Enter with the trend at 385.75. Lock in 33% of profits at 385. Second target is 356.

DECEMBER 97 K.C. WHEAT: Closed at 376. Wintrend is neutral 9/11 384. Enter with the trend at 381.25. Lock in 33% of profits at 381. Second target is 352.

MARCH 98 K.C. WHEAT: Closed at 390. Wintrend is neutral 9/11 395.25. Enter with the trend at 393.5. Lock in 33% of profits at 392. Second target is 363.

DECEMBER 97 COCOA: Closed at 1691. Wintrend is up from 8/22 at 1601. Enter with the trend at 1653. Lock in 33% of profits at 1616. Second target is 1791.

MARCH 98 COCOA: Closed at 1718. Wintrend is neutral. Awaiting a new trend.

NOVEMBER 97 ORANGE JUICE: Closed at 6990. Wintrend is down from 8/15 at 7110. Enter with the trend at 7011. Lock in 33% of profits at 7018. Second target is 6095.

JANUARY 98 ORANGE JUICE: Closed at 7290. Wintrend is neutral. Awaiting a new trend.

NOVEMBER 97 LUMBER: Closed at 31600. Wintrend is down from 8/13 at 34080. Enter with the trend at 32128. Lock in 33% of profits at 33924. Second target is 31495.

JANUARY 98 LUMBER: Closed at 32040. Wintrend is neutral. Awaiting a new trend.

SEPTEMBER 97 COPPER: Closed at 9435. Wintrend is down from 6/25 at 10880. There is resistance at 9560. Lock in 66% of profits at 9777. Extreme target is 4875.

DECEMBER 97 COPPER: Closed at 9580. Wintrend is down from 8/4 at 10390. Enter with the trend at 9663. Lock in 33% of profits at 10280. Second target is 9287.

DECEMBER 97 SOYBEAN OIL: Closed at 2412. Wintrend is up from 8/14 at 2279. Enter with the trend at 2369. Lock in 33% of profits at 2312. Second target is 2612.

JANUARY 98 SOYBEAN OIL: Closed at 2432. Wintrend is neutral. Awaiting a new trend.

DECEMBER 97 SOYMEAL: Closed at 2059. Wintrend is down from 9/19 at 2073. Enter with the trend at 2086. Risk 66% of positions to 2109. First target is 2047.

JANUARY 98 SOYMEAL: Closed at 2031. Wintrend is neutral. Awaiting a new trend.

OCTOBER 97 COTTON: Closed at 7160. Wintrend is down from 9/22 at 7196. Enter with the trend at 7284. Risk 66% of positions to 7366. First target is 7143.

DECEMBER 97 COTTON: Closed at 7410. Wintrend is up from 9/23 at 7442. Enter with the trend at 7354. Risk 66% of positions to 7204. First target is 7495.

FEBRUARY 98 PORK BELLIES: Closed at 6390. Wintrend is neutral. Awaiting a new trend.

MARCH 98 PORK BELLIES: Closed at 6370. Wintrend is neutral. Awaiting a new trend.

NOVEMBER 97 CRUDE OIL: Closed at 1994. Wintrend is up from 9/23 at 1979. Enter with the trend at 1968. Risk 66% of positions to 1919. First target is 2019.

DECEMBER 97 CRUDE OIL: Closed at 2004. Wintrend is up from 9/23 at 1979. Enter with the trend at 1976. Risk 66% of positions to 1929. First target is 2019.

OCTOBER 97 HEATING OIL: Closed at 5524. Wintrend is up from 9/23 at 5664. Enter with the trend at 5382. Risk 66% of positions to 5305. First target is 5829.

NOVEMBER 97 HEATING OIL: Closed at 5605. Wintrend is up from 9/23 at 5550. Enter with the trend at 5487. Risk 66% of positions to 5386. First target is 5715.

DECEMBER 97 HEATING OIL: Closed at 5700. Wintrend is up from 9/23 at 5640. Enter with the trend at 5600. Risk 66% of positions to 5481. First target is 5805.

JANUARY 98 HEATING OIL: Closed at 5755. Wintrend is up from 9/23 at 5702. Enter with the trend at 5656. Risk 66% of positions to 5536. First target is 5867.

OCTOBER 97 UNLEADED GAS: Closed at 5837. Wintrend is down from 9/10 at 5833. Enter with the trend at 5890. Risk 66% of positions to 6030. First target is 5720.

NOVEMBER 97 UNLEADED GAS: Closed at 5697. Wintrend is down from 9/5 at 5740. Enter with the trend at 5685. Risk 66% of positions to 5890. First target is 5627.

DECEMBER 97 UNLEADED GAS: Closed at 5662. Wintrend is down from 9/5 at 5680. Enter with the trend at 5632. Risk 66% of positions to 5855. First target is 5567.

JANUARY 98 UNLEADED GAS: Closed at 5673. Wintrend is down from 9/5 at 5710. Enter with the trend at 5633. Risk 66% of positions to 5866. First target is 5597.

DECEMBER 97 S&P 500: Closed at 95440. Wintrend is up from 9/17 at 95590. Enter with the trend at 94602. Risk 66% of positions to 94952. First target is 95602.

MARCH 98 S&P 500: Closed at 96475. Wintrend is neutral. Awaiting a new trend.

September 24, 1997 Rowel Goodwin

Goodwin Investment Service

RR 1, Box 155, South Coffeyville, Oklahoma

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